Flag Spain / New Caledonia Flag

Exports FlagFlag  (2018): $27.5M, Rnk 140 / 209

Top Product FlagFlag (2018): $2.7M, Cars

Exports FlagFlag (2018): $69.1M, Rnk 5 / 62

Top Product FlagFlag (2018): $50.4M, Ferroalloys

Economic Complexity of Flag (2018): ECI 0.85, Rnk 33 / 137

Spain-New Caledonia: In 2018, Spain exported $27.5M to New Caledonia. The main products exported from Spain to New Caledonia were Cars ($2.7M), Iron Structures ($1.83M), and Low-voltage Protection Equipment ($1.8M). During the last 23 years the exports of Spain to New Caledonia have increased at an annualized rate of 5.74%, from $7.63M in 1995 to $27.5M in 2018.

New Caledonia-Spain: In 2018, New Caledonia exported $69.1M to Spain. The main products exported from New Caledonia to Spain were Ferroalloys ($50.4M), Cobalt ($18.6M), and Video Displays ($50.7k). During the last 23 years the exports of New Caledonia to Spain have increased at an annualized rate of 4.86%, from $23.2M in 1995 to $69.1M in 2018.

Comparison: In 2018, Spain ranked 33 in the Economic Complexity Index (ECI 0.85), and 15 in total exports ($330B). That same year, New Caledonia ranked 134 in total exports ($1.99B), and does not have data regarding Economic Complexity Index. N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Spain exported $27.5M to New Caledonia. The main products exported from Spain to New Caledonia were Cars ($2.7M), Iron Structures ($1.83M), and Low-voltage Protection Equipment ($1.8M). During the last 23 years the exports of Spain to New Caledonia have increased at an annualized rate of 5.74%, from $7.63M in 1995 to $27.5M in 2018.

In 2018, New Caledonia exported $69.1M to Spain. The main products exported from New Caledonia to Spain were Ferroalloys ($50.4M), Cobalt ($18.6M), and Video Displays ($50.7k). During the last 23 years the exports of New Caledonia to Spain have increased at an annualized rate of 4.86%, from $23.2M in 1995 to $69.1M in 2018.

Date

Market Competitiveness

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Measure

Spain
Top Destination
: France, $48.6B

New Caledonia
Top Destination
: China, $1.06B

This map shows whether countries import more from Spain or New Caledonia. Each country is colored based on the difference in imports they receive from Spain and New Caledonia or the difference in the growth in imports.

In 2018, countries that imported more from Spain than New Caledonia were France ($48.6B), Germany ($36.3B), and Portugal ($27.2B).

In 2018, no countries were registered that imported more from New Caledonia than from Spain.

Comparative Advantage Spain - New Caledonia

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Depth

This chart compares trade between Spain and New Caledonia by product, considering products traded by both, Spain and New Caledonia.

During 2018, Spain had a large net trade with New Caledonia in the exports of Metals ($5.47M), Machines ($4.1M), and Transportation ($3.83M).

During 2018, New Caledonia had a large net trade with Spain in the exports of Metals ($69M), Machines ($53.2k), and Transportation ($29.6k).

Trade Forecasts

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This section shows a forecast for total trade between Spain and New Caledonia. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over New Caledonia. Similarly, the more red a dot/product is, the more New Caledonia has comparative advantage over Spain.